GPGI director granted stock options in lieu of cash
GPGI, Inc. director Kevin M. Moriarty reported receiving two grants of stock options on June 11, 2026.
Rhea-AI Filing Summary
GPGI, Inc. director Kevin M. Moriarty reported receiving two grants of stock options on June 11, 2026. He was awarded 10,246 and 71,722 options to buy Class A common stock at an exercise price of $12.16 per share.
The options were granted as compensation under the Amended and Restated GPGI, Inc. Non-Employee Director Compensation Policy in place of a $50,000 annual cash retainer at his election. The options vest in four equal annual installments of 25% starting on June 11, 2027 and on each of the next three anniversaries, and expire on June 11, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 71,722 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 10,246 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Stock Options will vest in equal annual installments of 25% each on June 11, 2027 and on the first, second, and third anniversaries thereof.
- F2. The Stock Options were issued pursuant to the Amended and Restated GPGI, Inc. Non-Employee Director Compensation Policy in lieu of the annual cash retainer of $50,000 at the Director's election.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
Class A Common Stock financial
Amended and Restated GPGI, Inc. Non-Employee Director Compensation Policy financial
annual cash retainer financial
vest in equal annual installments financial
FAQ
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What did GPGI Form 4 report for director Kevin M. Moriarty?
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How do Kevin Moriarty’s GPGI options vest under the director policy?
Why did Kevin Moriarty receive GPGI stock options instead of cash?
AI-generated analysis. How Rhea-AI works. Not financial advice.